According to the business intelligence report titled ‘Global Bromelain Market Size study, by Application (Healthcare Industry, Meat & Seafood industry, Dietary Supplements Industry and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global bromelain market was worth USD 37.6 million in 2019 and is projected to exhibit 7.2% CAGR over 2020-2027, subsequently reaching a valuation of USD 65.6 million by the end of the forecast period.
 

As per the report findings, global bromelain market growth is largely driven by escalating demand for bromelain from various end-use verticals, mainly textile, household care, and animal feed along with rising product adoption in the cosmetic industry.
 

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Moreover, increasing female working class population, surging demand for anti-ageing cosmetic products, and increasing cognizance towards benefits of skincare products are adding significant traction to the industry expansion.
 

For those unaware, bromelain refers to a protein-digesting enzyme which is produced from the stem and fruit of pineapples. It is used for treating cardiovascular diseases such as peripheral artery disease and heart attacks. Additionally, it can be utilized for relieving muscle soreness, joint stiffness, swelling, and pain, which further encourages its adoption.   
    

On the contrary, global bromelain industry expansion is hindered by the harmful side effects associated with the product and lack of awareness regarding its benefits.
 

Speaking of application spectrum, the market is bifurcated into dietary supplements industry, meat & seafood industry, and healthcare industry among others.
 

Elaborating on regional scope, Asia-Pacific currently captures a significant portion of global bromelain market share and is touted to grow tremendously during the analysis period. Rapid development in the healthcare as well as meat & seafood industries, predominantly in Indonesia, Malaysia, Japan, China, and India is contributing to the regional industry remuneration.
 

Enzyme Technology (PTY) Ltd., Enzybel International SA, Nanning Doing-Higher Bio-Tech Co., Ltd., Great Food Co., Shaanxi Guanjie Technology Co., Ltd., Hong Mao Biochemicals Co., Ltd., Arisun ChemPharm Co., Ltd., CN Lab Nutrition, Biozym Gesellschaft für Enzymtechnologie mbH, and Hangzhou Huajin Pharmaceutical Co., Ltd. are the prominent companies which formulate the competitive terrain of worldwide bromelain market sphere.